Families are often able to build up a substantial net worth through owning property, like a farm, or a small business.

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

My brother and I want to do the right thing for our younger brother and give him an equal share from our inheritance. I know ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

Designed to thwart the wealthy’s attempts to circumvent the estate tax, which after death gobbles up to 40 percent of one’s assets over $13.99 million, the IRS’s “gift tax” stipulates ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

India’s government announced a fresh set of measures to boost investments in the Gujarat International Finance Tec-City, or ...

Nevertheless, the fundamental principle of paying as little in estate taxes as legally permitted is still an imperative for many families. However, the IRS also imposes Gift Taxes on transfer of ...